EV tax credits are ending soon: What you need to know

EV tax credits are ending soon: What you need to know

If you're thinking about getting an electric vehicle, do not procrastinate: tax credits are coming to an end very soon.

Despite loss of federal EV tax credit, Efficiency Maine still hopeful about transition to clean cars

A electric vehicle charger mounted outside Green Wave, an EV dealership in North Hampton, New Hampshire. (Photo by Lauren McCauley/ Maine Morning Star)The head of the agency spearheading Maine’s energy efficiency efforts is still hopeful about the long term shift to battery-powered and low-emission vehicles, which are a key aspect of the state’s climate goals, despite the loss of a federal tax credit and projected cost increases due to tariffs. …

Biden-Era EV Tax Credits’ End Threatens U.S. Auto Industry’s Future

The imminent expiration of Biden-era tax credits for electric vehicles (EVs) on September 30 marks a pivotal moment in the U.S. auto industry’s trajectory. This policy shift, enacted through the recently signed “One Big Beautiful Bill,” is not merely a setback for EV adoption but a strategic retreat in the global technological and economic landscape. The consequences of this decision extend far… Source

Lucid to Offer $7,500 Credit to Gravity Lessees After EV Tax Credit Ends

Lucid Motors said on Thursday it will offer a $7,500 ‘Lucid Advantage Credit’ to eligible lessees of its Gravity SUV after the cut-off of the EV tax credit scheduled to be discontinued by September 30. Qualifying customers who place an order for a Lucid Gravity before the end of September and sign a lease between October 1 and December 31 will receive the credit, the company said. Existing qualifying customers are also covered, with no additiona…